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BUSN 3350 Human Resource Management Assessment Answers Douglas College Canada
BUSN 3350 Human Resource Management Assessment Sample that examines human resource management (HRM) from a strategic perspective. In BUSN 3350 Assignment Answers, students learn how to identify and assess HR needs in order to develop sound HR policies and practices. Additionally, students explore the legal and ethical considerations involved in HR decision-making. BUSN 3350 Assessment provides students with the skills they need to manage employee relations in a complex business environment.
There are many different aspects to HRM, but some of the most important include employee benefits, payroll, training and development, and performance management. HRM is vital to organizational success because it helps ensure that employees are productive, engaged and satisfied with their work.
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Assignment Task 1: Identify many of the issues and challenges involved in the planning, recruitment, maintenance, development, compensation and appraisal of an effective and efficient workforce.
There are many issues and challenges involved in human resource management. Some of the most important include:
- Planning – Organizations need to plan for their workforce needs, taking into account factors such as future growth, turnover and skills shortages. This can be a complex task, particularly in fast-changing industries.
- Recruitment – Attracting and selecting the right employees is essential to organizational success. This can be challenging, especially in tight labor markets.
- Maintenance – Once employees are hired, it is important to keep them motivated and engaged in their work. This can be a challenge, particularly in times of change or crisis.
- Development – Training and development helps employees be their best and can improve organizational productivity. However, designing and delivering effective programs can be challenging.
- Compensation – Compensation needs to be fair and competitive to attract and retain talent. However, there is often a limited budget for this purpose.
- Appraisal – Performance appraisal is a critical part of human resource management. It helps ensure that employees are meeting the organization’s expectations and identify areas for improvement. However, it can be a difficult process to administer fairly and objectively.
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Assignment Task 2: Identify and apply some of the methods utilized in human resource management in a variety of business situations.
There are a number of methods that can be used in human resource management, depending on the specific business situation. Some common methods include training and development programs, performance appraisals, and employee satisfaction surveys. By understanding the needs of your business and your employees, you can select the best method or combination of methods to help improve employee productivity and morale.
Training and development programs are one common method of human resource management. These programs can help employees be their best by providing them with the skills and knowledge they need to do their jobs effectively. By investing in employee training and development, organizations can improve employee productivity and engagement, as well as reduce turnover.
Performance appraisals are another common method of human resource management. These assessments help organizations measure and track employee performance over time. They can also identify areas for improvement and help employees and managers set goals for the future. Performance appraisals should be fair, objective and consistent in order to be effective.
Employee satisfaction surveys are another method that can be used in human resource management. These surveys can help organizations understand how employees feel about their jobs and identify areas of improvement. By regularly surveying employees, organizations can gauge employee morale and take steps to improve it.
Assignment Task 3: Demonstrate a knowledge of the human resource function as it relates to other managerial functions such as finance, marketing and production.
The human resource function is closely linked to other managerial functions such as finance, marketing and production. For example, the human resources department is responsible for payroll, which is a key part of the finance function. Human resources also plays a role in marketing by helping to attract and select the best candidates for open positions. And finally, human resources works with production to ensure that employees are properly trained and equipped to do their jobs.
- Finance is responsible for the financial planning and management of the organization. This includes developing budgets, tracking expenses and revenues, and forecasting future financial needs. Human resource management works closely with finance to ensure that the organization has the right employees in the right positions, and that those employees are paid a fair wage.
- Marketing is responsible for generating interest in the organization’s products or services. This includes creating and executing marketing campaigns, conducting market research, and managing customer relationships. Human resource management helps to ensure that the organization has the right employees in place to support marketing efforts. It also oversees the selection and placement of employees in customer-facing positions.
- Production is responsible for the creation of the organization’s products or services. This includes managing inventory, ensuring quality control, and supervising manufacturing or assembly processes. Human resource management works closely with production to ensure that the organization has the right employees in place to support production efforts. It also helps to ensure that employees have the necessary skills and training to do their jobs.
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